Credit card processing fees may seem minor. It’s easy to see that 3% fee and think, “That’s not too bad. I get to keep most of the money I make!”

But here’s the thing: Those “tiny” fees quickly add up. Credit card processing fees can suck a surprising amount of revenue out of your business—tens of thousands of dollars, in fact.

There’s a way around it, though. And it’s one that most people don’t even know about.

You can start taking home 100% of your nose job revenue with a fee-free credit card processing app. Once you set yours up, you can start saving money as soon as tomorrow. 

Here, we’ll explain everything you need to know about fee-free credit card processing apps. We’ll even show you how to get started in just two easy steps.

What are fee-free credit card processing apps?

These payment processing apps help you avoid paying fees for every credit card transaction that your plastic surgery business processes. 

How? By taking advantage of what’s called a credit surcharge program. This allows you to pass credit card fees onto your clients—a completely legal and compliant practice, thanks to the Dodd-Frank Act.

How does it work?

When you implement a credit surcharge program, your patients will be presented with a choice the next time they pay for a cosmetic procedure: Either pay with credit and incur an additional 3.5% fee, or pay with cash or debit to avoid paying the fee entirely. 

You might be thinking, “Well, that’s not going to work. My patients wouldn’t be happy knowing I’m charging them more for every procedure.”

But it all comes down to transparency. Most credit surcharge programs require you to set up a sign or placard explaining how it works, so customers are aware of it before ever swiping their cards. And in most cases, this 3.5% charge is less than what your customers would pay if you raised your prices to account for your credit card fees. 

Additionally, your clients will appreciate having the choice to save money by paying with cash or debit card.

In a nutshell, credit surcharge programs benefit both you and your clients. 

So how would this play out in real life? Let’s break it down.

The hidden cost of running a plastic surgery practice

A nose job (also known as rhinoplasty) can run a patient anywhere from $5,000 to $10,000, depending on how much work is required during the procedure. According to the American Society of Plastic Surgeons, the average price of a nose job in 2019 was $5,409, without taking into account additional expenses like anesthesia and operating room costs. 

So, if you charged the national average for every rhinoplasty and performed ten of these procedures every month, you’d bring in a cool $54,090 in just one month. Not too shabby!

But here’s where you’ll need to factor in those credit card processing fees.

These fees can range from 1.3% to 3.30% of each total transaction, but for our purposes, let’s say that you charge your patients 3% for every credit card purchase.

credit card transaction fees

And because of the high average cost of rhinoplasty procedures (and the fact that they’re often not covered by insurance), most patients will opt to pay with their credit cards. 

So, how much will credit card processing fees cost you? A whopping $1,622.70 a month (or $19,472.40 a year). 

Ouch.

Think about what you could do with an extra $20,000 a year.

Every business incurs monthly expenses, so if you wanted to be practical, you could use that money towards your own plastic surgery clinic. $20,000 would easily cover the cost of medical supplies, new surgical equipment and technology, office renovations, additional staff, or payroll for quite some time.

Of course, you could also use that money for personal expenses—like paying down debt on your car or house, starting or contributing to a college fund for your kids or grandchildren, or even donating a portion to a good cause.

Without credit card processing fees eating into your hard-earned revenue, you have the freedom to spend your money how you see fit.

Now that you know how much money you stand to gain from fee-free credit card processing apps, here’s how to set one up for your own business. 

Eliminate credit card processing fees in two easy steps

Get set up with your merchant service provider (MSP)

Before you can implement a credit surcharge program, you’ll need to partner with the right merchant service provider (MSP). These companies handle your credit and debit card transactions (for a fee). 

But here’s some good news: Because nose jobs are such high-ticket procedures, the chances are that you already work with an MSP. And if you do, you’ll be able to get your fee-free credit card processing app that much sooner.

Don’t worry if you don’t—we’ll go over some tips to help you find one here.

The process starts with finding the right MSP for your business. Some must-have features they should offer include superb customer service, experience working with medical practices, and additional features like contactless payments and mobile credit card processing to make every transaction easier. 

You’ll also want to take a look at your MSP’s rates to make sure they’re priced fairly. Some fees to look out for include:

  • Interchange fee: This goes to the card-issuing bank (like Chase)
  • Network fee: This goes to the payment network (like Visa)
  • Assessment fee: This goes to the card-issuing brand (like Delta Airlines)
  • MSP markup fee: This goes to the payment processor itself

What most people don’t know about MSP markup fees is that you can potentially negotiate a lower rate, allowing your business to save even more money. We’ve even seen some medical practices get 5–10% off the processor markup.

Why? These fees are how merchant service providers make their profit. But because you’re the owner of a successful plastic surgery clinic, chances are they’ll be willing to make some pricing adjustments in order to earn your business.

Once you’ve found the right MSP, it’ll take a few business days at most to set everything up for the next step.

Get your fee-free credit card processing app

The most important thing to keep in mind during this step is to find a credit card processing app that works with your MSP. 

After that, this step is an easy one. Most of the work will be done by your MSP and credit card processing app provider, which makes setup a breeze—even if you don’t consider yourself tech-savvy.

You’ll find that this will take up just a few hours of your own time, as well as one business day for your app provider to set everything up on their end.

Once they inform you that your credit surcharge program has been set up, you’re good to go. Your business is now ready to accept credit card payments without incurring tens of thousands of dollars in unnecessary fees. 

Say goodbye to credit card processing fees

As you can see, you have nothing to lose and everything to gain by implementing a fee-free credit card processing app for your nose job business. 

But with NadaPayments’ surcharge program, you get even more benefits, including:

  • An app that works everywhere—in person, online, and on the go
  • 24/7/365 customer service
  • Fast, simple, and free setup

Best of all, you’ll get your hardware and software free of charge, so there’s literally no cost to set up your surcharge program.

As a keen business owner, you can already tell that this is a great deal for you. So what’s holding you back?

Get started with your fee-free credit card processing app by calling +1 (929) 293-1800 or clicking the link below.

I Want FREE Credit Card Processing